Tag: Residential Properties

On June 15, the revised Direct Tax Code (DTC) was released which has got approval now. This new DTC will be implemented from 2011. The aim of this revision is to simplify the existing income tax laws. There are some changes proposed in the code for the real estate sector too which go as follows: […]

Real estate is known as growing industry. That is why, change is the only constant thing or I must say that the change is the only predictable thing for this industry. We got the know the prediction that real estate will be on peak for residential properties and in the very next week we hear […]

Another blow of the global meltdown has been felt by the already bleeding realty estate industry. Non-Resident Indians (NRIs) are avoiding coming home this year and not investing in property, something that brokers look forward to every year. NRIs from across Punjab prefer investing in residential properties in and around Chandigarh, Jalandhar, Amritsar, Patiala and […]

Rising property prices and increased interest rates, coupled with a demand-supply mismatch has brought down the overall affordability of residential properties in the country today forcing developers to resort to offering feebies and early bird discounts to arrest fall in sales, according to a recent report. The economic slowdown which has mainly affected suburban and […]

Real Estate firm Design Arch said that it will develop a residential project with application of green technology in Greater Noida, which could entail an investment of Rs 150 crore. Besides, the company plans to develop 10 such e-house projects in the metro cities across the country by 2010-11. “We have just announced our first […]

Meerut is only 72 kilometers from new delhi. It is an ancient city, which belongs to Uttar Pradesh state. The great history from the city is that Mandodari, wife of Ravana, belongs to this city. Meerut is stand at 28.98 north and 77.7 east, and 219 meters above from sea level. Meerut is the major […]

A number of Lucknow-based small builders are facing crunch due to the rise in inflation and increase in the interest rate by banks. After the real estate boom the city witnessed, a number of such builders joined the bandwagon. Moreover, they invested heavily in the projects. However, due to the recent downturn, they are forced […]

Real estate development at the eight hundred crore rupees Sabarmati River Front project is all set to begin by the end of this fiscal year. About 22% of the total 168 hectares of land reclaimed as part of this key landmark project will be open for developments in both commercial and residential segments. About 22% […]

Realty prices might be showing signs of easing, yet its tough to buy a house. Prices are still high and loans are getting expensive. Renting a property is also getting dearer. According to analysts and developers residential rentals are hardening, registering a 10% growth. The demand for rented residential space is high as India has […]